Three directors banned

Published: 23 July, 2008

Andrew Dunne, James Hewitt and Thomas Sloan have been banned as directors for their part in a series of wine investment scams. In mid-July, London's High Court banned 46-year-old Dunne and 37-year-old Thomas Sloan for 10 years, while 26-year-old Hewitt was banned for until 2012. The DTI said: Their companies, Liquid Acquisitions and James Hewitt Associates, were investment wine companies that promised clients a fantastic return on their investment. In reality, people ended up buying wine at up to three times its true value.'

Andrew Dunne, James Hewitt and Thomas Sloan have been banned as directors for their part in a series of wine investment scams. In mid-July, London?s High Court banned 46-year-old Dunne and 37-year-old Thomas Sloan for 10 years, while 26-year-old Hewitt was banned for until 2012.

The DTI said: ?Their companies, Liquid Acquisitions and James Hewitt Associates, were investment wine companies that promised clients a fantastic return on their investment. In reality, people ended up buying wine at up to three times its true value.?